Market Stays Stable as We Approach Christmas

The trend continues with sales remaining stable and new listing trending fewer than 2018.  The absorption rates versus a year ago are very encouraging sitting at about 2-4 weeks shorter.  The exception to this is

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The trend continues with sales remaining stable and new listing trending fewer than 2018.  The absorption rates versus a year ago are very encouraging sitting at about 2-4 weeks shorter.  The exception to this is

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Stabilizing Trend Continues

The stabilization of the market continued through September.  Year-to-date sales are at the same level as last year.  The bigger story is the decrease in new listing coming to market.  Overall inventory is down about

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The stabilization of the market continued through September.  Year-to-date sales are at the same level as last year.  The bigger story is the decrease in new listing coming to market.  Overall inventory is down about

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Number of Sales Stabilizing with Fewer New Listings

The number of total sales continues to stabilize with total sales this year even with last year.  Keep in mind last year was not a good year for sale, but this marks a big improvement

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The number of total sales continues to stabilize with total sales this year even with last year.  Keep in mind last year was not a good year for sale, but this marks a big improvement

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April 2019 Sees Fewer New Listings and a Slight Increase in Total Sales

Absorption Rate: (0 to 2 months of supply is a seller’s market, 2 to 3.5 months of supply is balanced, and 4 or over becomes a buyer’s market) City of Calgary – 4.6 months of

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Absorption Rate: (0 to 2 months of supply is a seller’s market, 2 to 3.5 months of supply is balanced, and 4 or over becomes a buyer’s market) City of Calgary – 4.6 months of

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Improved March numbers, but there are still amazing buying opportunities!

Whenever people see a sale on something it typically motivates them to buy.  Why, when real estate goes on sale (decreases in price), do people wait for the market to recover before buying? Here are

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Whenever people see a sale on something it typically motivates them to buy.  Why, when real estate goes on sale (decreases in price), do people wait for the market to recover before buying? Here are

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February Numbers Improved, but the Market Needs Buyer Demand!

As we move into 2019 the continued slow economic growth and job uncertainty in Alberta are reflected in higher inventories and not enough buyer demand.  Any pick up in job growth and economic optimism that

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As we move into 2019 the continued slow economic growth and job uncertainty in Alberta are reflected in higher inventories and not enough buyer demand.  Any pick up in job growth and economic optimism that

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Slower Start for 2019, but Recent Activity Picking Up!

The Calgary and Area Real Estate market had a slow start in January, but the recent activity over the first couple of weeks in February are painting a bit better picture.  The numbers are improving

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The Calgary and Area Real Estate market had a slow start in January, but the recent activity over the first couple of weeks in February are painting a bit better picture.  The numbers are improving

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2018 Was a Challenging Year…. Bring On 2019!

The Calgary and Area real estate market had many challenges in 2018, with major impacts due to mortgage rule changes and a continuing soft job market.  As time moves on, buyers and lenders are adapting

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The Calgary and Area real estate market had many challenges in 2018, with major impacts due to mortgage rule changes and a continuing soft job market.  As time moves on, buyers and lenders are adapting

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November New Listings Are DOWN 7% From 2017

A reduction in the new listings coming to market has caused some shifts in the market – most notably in the Apartment Condominium absorption rate that has decreased (become better) by just over 1.5 months.

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A reduction in the new listings coming to market has caused some shifts in the market – most notably in the Apartment Condominium absorption rate that has decreased (become better) by just over 1.5 months.

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July 2018 Continued with Weaker Demand – But the Numbers are Starting to Stabilize

The summer months continue the trend of weaker demand caused by slower job growth, interest rate increases, and continued government policies looking to “cool” the Canadian housing market.  While the numbers still indicate a clear

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The summer months continue the trend of weaker demand caused by slower job growth, interest rate increases, and continued government policies looking to “cool” the Canadian housing market.  While the numbers still indicate a clear

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